Israel Chemicals Posts Lower Q4 Profit

Israel Chemicals ISCHY reported a drop in its fourth- quarter net profit. Israel Chemicals' quarterly profit declined to $209.5 million, versus $369.6 million, in the year-ago period. Its revenue fell to $1.34 billion from $1.71 billion. However, analysts were expecting earnings of $224 million on revenue of $1.44 billion. Israel Chemicals shares closed at $13.08 yesterday.